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Topic: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation - page 54. (Read 105059 times)

full member
Activity: 392
Merit: 101
This project is good. anyone known how long we can harvert banana. 3 month? 6 month? or a year?

full member
Activity: 392
Merit: 101
Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics

I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos

At the moment, there is a shortage of demand for this variety of bananas, and the harvest of the whole world does not cover it, which is why we want to act decisively right now.

That is now the demand for bananas exceeds the offer, I understand correctly?

Yes, if we consider the demand for high-quality bananas "finger lady.
member
Activity: 102
Merit: 10
This project is good. anyone known how long we can harvert banana. 3 month? 6 month? or a year?
sr. member
Activity: 784
Merit: 250
Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics

I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos

At the moment, there is a shortage of demand for this variety of bananas, and the harvest of the whole world does not cover it, which is why we want to act decisively right now.

That is now the demand for bananas exceeds the offer, I understand correctly?
full member
Activity: 392
Merit: 101
By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused

The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more.

Oh, that's understandable. But will the higher purchase prices of bananas affect the price of tokens, and at the same time, investors?

If it works, then only in a positive way. I do not think that such a price difference should be feared, it is worthwhile to worry about a more advantageous offer of competitors.

Competitors? What competitors can this project have? Personally, I have not heard of any ICO in the field of agriculture

Today I ran across this other tokenization project that also has agriculture as its focus. I don´t consider it a direct competitor as they are planning to build a token based investment platform specifically for ag project financing, but it may be interesting to look at their approach and perhaps some of their ideas may be useful for this project:

https://api.cointelegraph.com/amp/v1/news/smartlands-platform-opens-the-agricultural-sector-for-crypto-investors

Fortunately for our investors, we are not a place that is going to launch a pilot project in the future, we are a real business in present days. The project above does not have my personal trust.
sr. member
Activity: 373
Merit: 250
By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused

The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more.

Oh, that's understandable. But will the higher purchase prices of bananas affect the price of tokens, and at the same time, investors?

If it works, then only in a positive way. I do not think that such a price difference should be feared, it is worthwhile to worry about a more advantageous offer of competitors.

Competitors? What competitors can this project have? Personally, I have not heard of any ICO in the field of agriculture

Today I ran across this other tokenization project that also has agriculture as its focus. I don´t consider it a direct competitor as they are planning to build a token based investment platform specifically for ag project financing, but it may be interesting to look at their approach and perhaps some of their ideas may be useful for this project:

https://api.cointelegraph.com/amp/v1/news/smartlands-platform-opens-the-agricultural-sector-for-crypto-investors
full member
Activity: 392
Merit: 101
By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused

The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more.

Oh, that's understandable. But will the higher purchase prices of bananas affect the price of tokens, and at the same time, investors?

If it works, then only in a positive way. I do not think that such a price difference should be feared, it is worthwhile to worry about a more advantageous offer of competitors.

Competitors? What competitors can this project have? Personally, I have not heard of any ICO in the field of agriculture

Yes, we will be the most progressive in this field.))

I became interested in the project just a couple of days ago. Honestly, I dont understand anything in agriculture, so I would like to consult with developers or investors, whether this project is profitable

I'm a big fan of this project, but I can honestly say that you will not see big profits here. However, this will not be a loss either. I think that this will be a fairly small amount, but this is a guaranteed income, without special risks

And what about the developers? Can they be trusted? The very idea of the project I like, it's simple, but the implementation ...

I do not know how about ICO, but in agriculture they are real professionals. Youtube channel all clearly demonstrates the entire plantation.

So, the plantation already exists? Then why do they collect money?

At the moment we are considering the expansion of this business in 4 times. Why now? We have found wonderful land plots, and we are already preparing documentation for their registration under our business.

Will wait for your bounty program.  I am doing bounty promotions for several projects. 

https://bitcointalksearch.org/topic/bountyico-banana-coin-coins-linked-to-bananas-ended-2164386 important not to be late;)

I became interested in the project just a couple of days ago. Honestly, I dont understand anything in agriculture, so I would like to consult with developers or investors, whether this project is profitable

Perhaps someone else will give a more independent idea, but we, as organizers, guarantee the minimum profit of x4 for participants of pre ICO, and x2 for participants in the sale of the main ICO tokens. But we can not guarantee maximum profit)
full member
Activity: 392
Merit: 101
Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics

I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos

I do not know about plantations in Laos, but Laos's main competitor in supplying bananas to China is Vietnam. But, as far as I know, Vietnamese do not do such an ICO, so the competition will not be so significant

Moreover, Vietnamese bananas are cheaper. I do not understand why not place production in Vietnam

in Vietnam, the land is saturated with chemicals after the war. In this way, we are more concerned with the ecological compatibility of products.

I just put my honestly earned money. I do not regret a bit about it. Yes, maybe this project will not bring crazy profits, but it will not go at a loss. Most likely, the profit will be, but not too much, I understand it well.

I think so too. I just understand a little about agriculture, so I also want to invest in Banana Coin

Its a perfect idea!!! )) We hope that our investors will receive much more than we are able to promise at this stage)
full member
Activity: 392
Merit: 101
Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics

I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos

At the moment, there is a shortage of demand for this variety of bananas, and the harvest of the whole world does not cover it, which is why we want to act decisively right now.
full member
Activity: 392
Merit: 101
Agriculture and ICO? This is somewhat unusual, do not you think? I would not be too sure about such a project

Our huge advantage is that we are already an existing business, and additional investments are required for a radical expansion of the existing model. Blocking in this case is required only to distribute benefits to our dear investors)

By the way, why not grow bananas in China? In the south there is a good enough climate + cheap labor. Why Laos? There are certain links with the authorities?

Land in Laos is much cheaper and more fertile, in Laos there are many tax preferences and cheap labor. In addition, we already have our own business in the agricultural sector here, we have chosen this land for increase)
full member
Activity: 392
Merit: 101
as a developer wants to tie natural events that cannot be 100% correct and predictable to crypto coino that depends entirely on other levers? For the most part, agriculture is a lot of manual, physical labor and how are you gonna get with the technology of the blockchain???

The technology of blocking will be used here as a definition of the owners of tokens and transparency of the payment process with respect to all holders. From our side we guarantee repurchase tokens with subsequent destruction. Binding to the market price from the level of sold products. Alco we guarantee the minimal price of tokens (1$) without reference to the market price, but not earlier than 18 months.
full member
Activity: 392
Merit: 101
By the way, you have already translated white paper? I have a couple of familiar translators in Chinese

Chinese government try to close ico investments for their citizen, but also Chinese translation is under reservation in this moment.


Do you have a signature campaign? I probably missed it

Yes, we are :

https://bitcointalksearch.org/topic/bountyico-banana-coin-coins-linked-to-bananas-ended-2164386
full member
Activity: 392
Merit: 101
And yet, why not try crowdfunding? Still, this is quite unusual for ICO

In fact, we are considering various types of investments, in any case, the owners of the tokens will known all what is happening in the company and will receive a promised reward
full member
Activity: 392
Merit: 101
What about diseases and pests? Natural Disasters? If the harvest is damaged and you can not sell bananas to China?

They have professional farmers in the team, they will cope with pests there. But here the hurricanes, floods - this is really a threat. Maybe they will have a crop insurance? I do not understand how this happens


We will do all legal things for plantation after we close Pre-Ico

What are these legal things?

An open contract with investors will be drawn up and an IСO stage will be prepared for the final version of the concept, full company documentation
full member
Activity: 448
Merit: 100
cryptotal
Will wait for your bounty program.  I am doing bounty promotions for several projects. 
sr. member
Activity: 602
Merit: 250
I became interested in the project just a couple of days ago. Honestly, I dont understand anything in agriculture, so I would like to consult with developers or investors, whether this project is profitable

I'm a big fan of this project, but I can honestly say that you will not see big profits here. However, this will not be a loss either. I think that this will be a fairly small amount, but this is a guaranteed income, without special risks

And what about the developers? Can they be trusted? The very idea of the project I like, it's simple, but the implementation ...

I do not know how about ICO, but in agriculture they are real professionals. Youtube channel all clearly demonstrates the entire plantation.

So, the plantation already exists? Then why do they collect money?
full member
Activity: 168
Merit: 100
I became interested in the project just a couple of days ago. Honestly, I dont understand anything in agriculture, so I would like to consult with developers or investors, whether this project is profitable

I'm a big fan of this project, but I can honestly say that you will not see big profits here. However, this will not be a loss either. I think that this will be a fairly small amount, but this is a guaranteed income, without special risks

And what about the developers? Can they be trusted? The very idea of the project I like, it's simple, but the implementation ...

I do not know how about ICO, but in agriculture they are real professionals. Youtube channel all clearly demonstrates the entire plantation.

That is, they have a video on the channel with a ready-made, working project? I understand correctly?
sr. member
Activity: 784
Merit: 250
By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused

The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more.

Oh, that's understandable. But will the higher purchase prices of bananas affect the price of tokens, and at the same time, investors?

If it works, then only in a positive way. I do not think that such a price difference should be feared, it is worthwhile to worry about a more advantageous offer of competitors.
sr. member
Activity: 490
Merit: 250
By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused

The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more.
sr. member
Activity: 329
Merit: 250
I think this project is interesting, but I need to get more into the topic before investing

It's worth hurry, there are only 10 days left before the end of the pre-ICO

Yes, I have a few questions about this project. If the Banana Coin is supported by the cost of bananas, then can the fall in the price of bananas affect our tokens?

The bigger question for me is how Banana Coin is linked with the cost of Bananas?
The company is attracting 3 000 000 USD not to grow 3 000 000 bananas and sell them for the market price, but to expand the existing plantation. One more thing is not clear for me - the company says that actually the average price for a finger lady bananas recently is around 3USD. And that the token is linked to the market price. Does that mean that they or someone else are going to be ready to buy my tokens for the market price of bananas by the day of purchase?

I really love the project and already invested some money, but these topics are not clear at all.


Let me clear these things. I got answers for all of them)

We attract money to expand land. To develop 100 hectare land we need $2 034 456,62.

The plantation of 100 hectares, sown with bananas of the «Finger Lady» variety, brings revenue from the sale of the crop in the amount of 4.520.000 USD for one harvest, providing that the price of 1 kg of exported organic fruit is 1 USD.

For effective plant growth it is recommended that the distance between the holes where saplings of bananas are planted is no less than 1.82 by 1.52 meters, it gives us about 3 616 bushes per one hectare. We get 361 600 bushes for 100 hectares.

Every «Finger Lady» bush gives 12.5 (twelve-point-five-tenths) kilograms of export organic crop (unsuitable fruits are cut) and if the price is 1 USD per 1 kg and there are 361 600 bushes on a plantation of 100 hectares the income from their sale is 4.520.000 USD.

Token is linked to 1 Kg bananas. And price varies up to 3.5 USD.

The period of full fruit ripening, starting from planting, usually takes 8 months from the moment of placing the plant in the soil. Banana is a perennial plant (up to 9 years), after harvesting the most powerful shoots from the main plant are selected to form the plant for the next crop. The main trunk is cut, the weak shoots are removed. The period of fruit ripening from the second cycle is 5 months.

The investment offer formed by our team is based on the price of 1 USD per 1 kg.

Pls, check our Business Plan

https://bananacoin.io/plan/

Thank you for a detailed answer and wish you success with your amazing project!

Wow, how much information you need! I also need to carefully study all this.
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